| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 10,983 | 10,365 | 5.96 | ||
| Gross Profit (Loss) | 6,574 | 6,471 | 1.59 | ||
| Operational Profit (Loss) | 1,313 | 1,199 | 9.51 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 604 | 596 | 1.34 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 613 | 565 | 8.49 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 10,870 | 10,707 | 1.52 | ||
| Profit (Loss) per Share | 0.67 | 0.66 | |||
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | Zain KSA recorded in 2025 its highest revenue ever reaching SAR 10.98 billion vs SAR 10.36 billion; representing a growth of 6% (SAR 618 million). This increase is driven by the growth in consumer segment mainly from 5G, wholesales revenue, in addition to the growth in “Tamam” business. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Zain KSA achieved a Net profit of SAR 604 million compared to SAR 596 million in 2024. However, 2024 Net profit had main non-recurring benefits totaling SAR 233 million, consisting of: SAR 76 million related to the adoption of the new Zakat regulation and SAR 157 million as one off benefit from withholding tax on international traffic (WHT). Excluding these items, the underlying (organic) net profit increased by SAR 241 million year on year reflecting strong operational performance. Operational performance drivers: -Gross profit increase of SAR 102 million year on year. On an organic basis (excluding the WHT one-off), gross profit growth reached SAR 259 million. This improvement was driven by: Strong revenue growth across core business. Total revenues reaching SAR 10.98 billion with SAR 618 million growth resulting in the gross margin improvement EBITDA performance: EBITDA rose by SAR 151 million, organic EBITDA growth amounted to SAR 308 million Key drivers consist of improved gross profit, cost efficiency initiatives in addition to SAR 51 million reduction in Expected Credit Loss (ECL) Below EBITDA movements: -Increase in depreciation and amortization by SAR 37 million due to the capitalization of the new spectrum. -Decrease in financing costs by SAR 55 million as a result of the reduction in interest rate in addition to several financing initiatives conducted during 2025. -Reduction in interest income by SAR 18 million as a result of the reduced cash balance throughout the year in addition to the reduction in interest rate. -Reduction in other income and Zakat expense of SAR 68 million (mainly 2024 sale and lease back gain and closure of projects) |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | Other Matters The consolidated financial statements of the Group for the year ended 31 December 2024, were audited by another auditor who expressed an unmodified opinion on those consolidated financial statements on 21 Sha’ban 1446 H corresponding to 20 February 2025. |
| Reclassification of Comparison Items | During the year ending 31 December 2025, the Group reclassified certain balances, which are considered by management a more accurate presentation and reflect the related nature. These reclassifications have no impact on previously reported net income, retained earnings or cash positions. |
| Additional Information | Total CAPEX investment for the year amounted to SAR 1.3 billion including the capitalization of the spectrum to further enhance the customer’s experience and the quality of the services. |
